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20130129
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. >> as with ronald reagan and bill clinton, the second terms, you can see a few green sheets of the economy and if that begins to surge, david axelrod tells me later in the show, has a real chance. >> he has a huge agenda, a lot of opportunities and going to have to find a way to work with republicans not only in the senate but the house of representatives. let's see if he can do it. it's a huge, huge challenge and the responsibility is enormous, the opportunity is great. >> well, we have to see and itching to get to the party, wolf. >> love those people back there. did you hear the marching band? >> you know why i think they're so excited? your performance in skyfall. >> you were in "flight." >> that's why i wanted to mention it. >> i was in the james bond film. and you were in -- >> really great. really great for me. >> if you work really hard and play by the rules, some day maybe daniel craig and -- >> was it daniel craig or denzel washington oscar nominated? >> i don't know. >> it was denzel. do you know who helped him? me. >> let me point out. $1 billion in box office receipts worldwid
green sheet of the economy if that was to begin to surge, he could have real chance of doing some big stuff. >> he's got a huge agenda. he's going to have to find way to work with the republicans. it's a huge challenge. the responsibility is enormous. the opportunity is great. >> i can see you're itching to get to the party. >> did can you hear the grambling university marching band? >> i hate to tell you i was in the james bond film. >> really great to me. >> was it daniel craig or denzel washington got nominated? >> i don't know. >> it was denzel. >> let me point out sky fall. $1 billion in box office receipts worldwide. $1 billion. >> british. >> sky fall. >> wolf, go party. such an honor to be in his presence. it's a night out of celebration here in washington. the star studded parties are continuing to pour out. we'll bring you the highlights as they happen. joining me rising democratic star, san antonio mayor. he knows about the presidency than any other person alive. let me start with you. you gave a sensational performance. barack obama did the same thing and became president.
who are here really interested in the discussion about the global economy. obviously, the u.s. economy is still a global leader. we wanted to remain that way. the political debated home has been very much about jobs and the economy. and we're here listening to some of the leaders from the eu and the other sort of entities that are here trying to understand how they're dealing with their problems. and i think coming out of all of this will be a renewed sense that in america we can compete and we will compete and we will continue to be the destination for capital and innovation. >> we have a natural gas boom and we have an oil boom and we have, thanks to low interest rates, what appears to be some sort of a housing boom. so much more can happen and, in fact, it seems like the only body, the only institution that might stand in the way of 2013 being a great year is congress. >> well, listen, there is certainly not the outcome that anybody wants. and i'm hoping that after we've been through the election and last november. we've been through a fiscal cliff debate. we are working our way thr
show talking about immigration? because it's about jobs, growing an economy and getting a broken immigration system out of our way and immigration system for the 21st century. ron brownstein, ana navarro, thank you. >> thank you. >>> america thought it had fixed a broken immigration system before, giving people a pathway to citizenship. >> future generations of americans will be thankful for our efforts to humanly regain control of our borders and therefore preserve the value of american sit stenship. >> why it could be the key to the jobs bottom we desperately need. als now... at officemax. [ male announcer ] when it comes to the financial obstacles military families face, we understand. our financial advice is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] [ male announcer ] life brings obstacles. usaa brings retirement advice. call or visit us online. we're ready to help. learn more with our free usaa retirement guide. call 877-242-usaa. thor gets great rewards for his small business! your boa! [ garth ]
vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. hey, buddy? oh, hey, flo. you want to see something cool? snapshot, from progressive. my insurance company told me not to talk to people like you. you always do what they tell you? no... try it, and see what your good driving can save you. you don't even have to switch. unless you're scared. i'm not scared, it's... you know we can still see you. no, you can't. pretty sure we can... try snapshot today -- no pressure. >>> good morning. welcome, everybody. our starting point this morning is inauguration day. take a look at the picture of the masses starting to gather on the national mall, here to witness president obama's second public inauguration. our festivities begin at this hour. we're expecting to see the president in roughly 30 minutes or so as he makes his way to mass. john? >> i'm john king. inaugural speeches have been used to set the tone, unite a nation, and to set an example for the rest of the world. we're going to look this morning at the historical signific
are actually going up. the economy's getting a little bit better. the wars are winding down so he does have a shot but most important thing to say is i think he's found his game. >> if you look at president's popularity, his is low. >> one of the lowest in past 20, 30 years but the numbers moving in the right direction. i think he's found his rhythm, found a way to actually play the game in this town. i think he may have a better second term than the first. >> margaret -- >> be careful, my friend. >> is the country more divided than been for other second term presidents? >> the temptation is to say, yes. we are listening to civil right activists saying the country is not as polarized and keep it in perspective but i think everybody has been saying to the president, in terms of legislateively, strike while the iron is hot. traditionally for all presidents, right now. it is the first year of their second term. remember, we had six-year itch. getting to finally the third cycle, 2014, you know, generally the minority -- the house of republicans expecting to gain seats because there's a six-year
) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. and don't get heartburn in the first place! [ female announcer ] some people like to pretend a flood could never happen to them. and that their homeowners insurance protects them. [ thunder crashes ] it doesn't. stop pretending. only flood insurance covers floods. ♪ visit floodsmart.gov/pretend to learn your risk. >>> she grew emotional, got angry, but in two congressional hearings this week, the secretary of state hillary clinton stood her ground about the attack in libya which took the lives of four americans, including the u.s. ambassador,
economy in davos, switzerland. why should you care? it all has to dowith your dollars and cents. >>> so does this. some stores are now charging you more to use your credit cards. we'll tell you why. i had enough of feeling embarrassed about my skin. [ designer ] enough of just covering up my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy ] enbrel may not work for everyone -- and may not clear you completely, but for many, it gets skin clearer fast, within 2 months, and keeps it clearer through 6 months. [ male announcer ] enbrel may lower your ability to fight infections. serious, sometimes fatal events, including infections, tuberculosis, lymphoma, other cancers, nervous system and blood disorders, and allergic reactions have occurred. before starting enbrel, your doctor should test you for tuberculosis and discuss whether you've been to a region where certain fungal infections are common. you should not start enbrel if you have an infection like the flu. tell your doctor if yo
. and a lot of republicans say it poisoned the waters. when you look at the agenda now, there's the economy, the deficit, gun control, immigration. what should the president do first to show republicans he's not looking for revenge or looking to pick fights? >> i would say the budget. to make an honest attempt on both sides to try to reduce spending or reduce the growth in spending. that to me is the one place where there is enough on the table that both sides can make progress if they want to. you get into gun control, i basically support the president's program, but he's not going to get very much support at all among republicans for that. that's a good political point for him, but i don't see it going anywhere. as far as the illegal immigration or making it legal or whatever, reform, i would say there's an opportunity, people like marco rubio, for instance, and others, and also you have the chamber of commerce, you have some republican vested interest. i would say the budget and immigration are the two areas, spending and immigration. >> can he get through some simple things on gun contr
, political freedom, jobs, a better economy. incredibly hosni mubarak was ousted from power. however, at this point many egyptians not happy. the people behind us are not celebrating, they're protesting. >> i understand you spoke to a number of protesters. what is the issue here? what is the problem with the new leadership? why are they out on the streets? why are they upset? >> reporter: the opposition, the protesters have many issues. maybe that's one of their obstacles. not finding one issue to unite over. they're concerned because they say they've been pushed out of the political process. they're concerned about their rights. here's what that protester had to tell us. >> everybody is protesting. what did we get since two years? nothing. nothing achieved. >> reporter: the president says be patient. this is part of the process. >> we need a sign. look at the constitution. look at the constitution. is this a constitution for all egyptians? >> reporter: he said people voted on it. >> how many voted? 15 million or 52 million? 10 million said yes and can this be possible? >> reporter:
of the world when it comes to its state of the economy. it looks like now things are almost reversed in a way. tell us about your conversation with cameron. >> when i interviewed prime minister cameron here in new york and he was sort of in the lion's den because he had thrown down the gauntlet with this speech about britain's position in the european union. britain is not fully in in terms of it is not part of the eurozone. it doesn't have the euro but in many aspects it is in and it is a full member. united states depends on britain for the very strong role in international affairs. it helps all over the place whether in trying to confront iran, syria and north korea with sanctions and plays a big role whether afghanistan, iraq. david cameron is saying we like our foreign role. we like you and our economic role in the e.u. but we don't want to be a part of your political role. he is trying to negotiate a half in/half out role for the u.k. that is very concerning to the u.s. because he has raised the stakes by saying he would put it to the british people in the referendum. if they vote to ge
the importance of characteristics that will help build the american economy and strengthen american families. third, we create an effective employment verification system that will prevent identity theft and end the hiring of future unauthorized workers. and lastly, we establish an improved process for admitting future workers to serve our nation's workforce needs, while simultaneously protecting all workers. other bipartisan groups of senators have stood in the same spot before, trumpeting similar proposals. but we believe this will be the year congress finally gets it done. the politics on this issue have been turned upside down. for the first time ever, there is more political risk in opposing immigration reform than in supporting it. we believe we have a window of opportunity to act, but we will only succeed if the effort is bipartisan. by their presence today, my republican colleagues are making a significant statement about the need to fix our broken immigration system. we democrats are equally serious. we do not want immigration as a wedge issue. much rather we want a bipartisan bill
. >> the president will either rise and fall about the economy. >> reporter: obama is off to a head start with his current approval rating higher than his first term average. but he still faces fights over gun control. and immigration reform. >> this is when presidents really get tested, when unexpected things happen and they have to react on the spot, in real time. we get to seat real character of a president. >> just 16 presidents have been elected to a second term, including some of the great ones. obama, the 17th, will now get his shot at greatness, or not. you know, both gentlemen agreed that tackling the economy was first priority. they said in order for president barack obama to leave the democratic party stronger, he has to pass immigration reform. that's what you were talking about a while ago. >> isn't that one of the big questions? is his goal his legacy? or is his goal a democratic legacy? >> one guy said within a year. have you a year to really make your mark. the other guy said maybe two years. >> get into the six-year itch in washington. soledad, the first key comes from the preside
. the lessons. he has been a ski instructor for years. he knows that on the mountain and in the global economy, it's all about balance. >> you have to move with the bump and take it like swallow the bump when it's coming towards us. >> reporter: so far, we've navigated the bump of the fiscal cliff. now, we must negotiate the debt ceiling. high unemployment, social unrest. again, we learned from the mountain. baby steps to build confidence. >> if we ski slowly, we feel what we are doing and then we get confident and we get faster and faster. >> reporter: but economic growth seemingly won't go faster. there's always the risk in the global economy that something goes wrong. snowboarders are like central bankers. they have their own way of shredding down the mountain. for bankers, it means printing money. it's brutal economics. >> what's the secret to snowboarding? >> don't be scared. >> reporter: you pick up speed too quickly and you end up falling over. >> come on. that's why you need to move. >> reporter: why do you like snowboarding? you go too fast too quickly and fall over. >> not necessaril
it would have on our economy. the majority of them have been in our country for over ten years. but the point is that they would have to -- our plan, they would have a legal status here. but then they would have to go through a long process, get in line behind everyone who is a green cardholder, pay tax, go through a background check, in order to be eligible for a path to citizenship. and so i hope that some my colleagues in the house will look at the provisions that we have and, by the way, they would have to pay back taxes, and they would have to pay for their path to citizenship. i do not see a scenario where it would cost money. what costs money now is when people are in this country illegally, show up in the emergency room, with illness, and that bill is paid for by the taxpayers. >> i guess the argument, the other side makes, lamar smith, among others, you tried this in thereagan administration. they say it only encouraged more illegal immigrants to try to come to the united states. >> well, i think that's a good point. i was one of those who voted for that amnesty for 3
was way before the economy went into freefall, so he had a couple other priorities he had to deal with when he first came into office. and the third thing, erin, is that this president wants this as his legacy. and he has said that he wants it to be a priority, even during the re-electiore-election, he tt this, so he knows that now he has a debt to pay. the republicans need to do this as a necessity, and with all due respect to the congressman, this is absolutely an issue of electoral survival for the republican party. the congressman is right that this isn't the only thing that republicans need to soften up their tone on, but if this isn't something they get done for the latino community, they're not going to listen to them on anything else. >> congressman, here is my problem intellec chatually from where you're coming from. and this is a complicated issue, but i don't understand. these people are already here. you're not going to be able to pick them up and move them out. that's not practical. so if you start from that point of view, how are you ever going to get a deal? >> if i
and on new home sales side in particular feeds through more broadly to the economy. >> reporter: sounds like the chus are just beginning. >> the interest rates are low and it's great timing. >> 40-year lows for mortgage rates. i have to tell you, mortgage rates have been ticking up a little bit. just a little. they are now at four-month highs. 30-year fixed rate 3.42%. it's still near record low of 3.31% overall. on those new home sales, smaller part of the market. most of us buy a house that's already been built. those sales have been strong. a pullback at the end of the year. last year was a good year. look at the past ten years. you had the peak of new home sales and then a record low in new home sales in just ten years and now trying to come up off the map. >> high in '05? i bought in '06. brilliant. >> are you refinancing in '13 is the important point? >> in fact i'm, smarty pants. in nerd money world this is a big day because timothy geithner's last day on the job. i walked over to christine's desk saying it must be a big deal and you told me and i'm going to totally embarrass you and
. . >>> here's another sign that the housing market is turning around and the economy is getting better. lowe's is hiring in a big way. the home improvement chain is looking to add 54,000 worker this is spring. most of the jobs are part-time and only last through september, but it's still a job. 9,000 workers will be permanent employees. that's good news. apple stock getting hammered. disappointed by the first quarter earnings and outlook for future growth. so allison, we were talking about it and everything was apple, apple. >> it was going so swimmingly. >> why is everyone suddenly -- i don't know, but a lot of people, why are a lot of people soured on apple? >> it's not a sudden transformation since september. you look at the report card and what it shows is that apple cannibalized itself. people out there wound up buying lower priced apple products instead of higher priced top of the line. they bought the iphone 4s instead of the 5 and the mini instead of the higher priced one. come on. apple recorded record profits and sold 48 million iphones and 23 million ipads and not to mention the 1
trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. morning, boys. so, i'm working on a cistern intake valve, and the guy hands me a locknut wrench. no way! i'm like, what is this, a drainpipe slipknot? wherever your business takes you, nobody keeps you on the road like progressive commercial auto. [ flo speaking japanese ] [ shouting in japanese ] we work wherever you work. now, that's progressive. call or click today. >>> and we are back in snow covered davos. more of my conversation with dig abdullah of jordan. there's another election that took place this week, this really elections, when you look at what happened, do you believe that prime minister netanyahu may be encouraged to take more positive steps to try and achieve a two-state solution? >> well, i could say, i'm probably happier with the turn out of my election than he is with his. but whatever happens there's an understanding with the prime minister because obviously -- last year, 2012 was a year where we tried to keep the atmosphere positive -- internal issues with the re-election or t
. >> the president will either rise or fall above the economy. >> obama is off to a head start with current approval rating higher than first-term average, but he faces fightsory gun control and immigration reform. >> this is when presidents get tested. unexpected things happen and they have to react almost in real time on the spot. this is when we get to see the true character of a president. >> in the dedication of a nation. >> reporter: just 16 presidents have been elected to a second term, including some of the great ones. obama, the 17th, will now get his shot at greatness or not. >> and one of the highlights of the presidential inauguration are these huge star-studded parties. we'll take you inside the exclusive events after this quick break and it looks like the party has already started behind me. we'll be right back. a hybrid? most are just no fun to drive. now, here's one that will make you feel alive. meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also
families safe and help our economy grow at the same time. >> okay. there you have it. what do you say to that? >> i say you look at the literature. we know a study in journal of nature show 60 years no trend in droughts and there was a decline in the u.s. except for the most recent one in 2012 which wasn't even as big as one in the 1950s or 1930s. in terms of flood, 80 to 117 years, no trend in floods. hurricanes, eight years now with the longest period without a major landfalling category 3 or larger hurricane in that eight years since 1900 we've gone that long. if you start looking at these measures -- >> answer me this point. you wouldn't dispute there's been increased acceleration in c02, right? >> james hanson from nasa indicated flat lining temperatures. the movements have shifted to extreme storms. that's the focus. evidence is everywhere when you look at extremes. bottom line is we always had extreme weather. in the 1970s, the cia report and "newsweek" and people worried about coming ice age blamed extreme weather. droughts and bad weather and crop failure on global cooling. n
in the nation with a struggling economy, hurricane sandy and the tragedy in newtown. for answers and hope, teddy robbins gives us both of those things. he's changed lives around the world. now he has a message for you and america. he's brought a special guest with him. welcome back. >> thank you for having me back. >> i can't think of a better guy, really, to have here. i get a feeling it's a really overriding feeling. america is hurting right now. america feels vulnerable, fearful, and you see this because of the gun crisis. >> yes. >> you see it because of the financial crisis. there's just a crisis of confidence generally amongst americans. do you feel that? and what is the answer? >> well, there's no single answer. you can't change the world overnight, but you can change yourself. i think the biggest challenge we face is we're not just missing our confidence because we're out of control. we're missing our confidence because we need to retool. the world has changed. most people say you have to deal with change. change is automatic. progress is not. if you want to make progress, you and i have
and is holding our economy hostage right now, he has to be careful about promising too much. >> you think about ronald reagan, and there were some of his speeches we remember to this day, and yet if you think back on the last four years, other than the ones on the campaign trail, i think about newtown, that was where he got emotional, it was a -- it's a different kind of rhetoric and otheration. is it the mantle of president that he feels is different? >> there's nothing tougher to do as a speech giver than what he's about to do. the problem you have when you're dealing with the inaugural address, you have to deal with the present, the past and the future. you have to deal with the audience in front of you. you're going to have a million people in front of you. you're also dealing with people around the world. it's hard to do any of those well, you have to do them at the same time. i think he's going to want to do well tomorrow. i think he knows there are people out there that are going to say, this is the last big speech from obama. unless there's a war or something like that, there's pressure
important that be just people getting along in this town. they deserve a better economy. he's got to show the willingness to work with anybody but also the willingness to work against anybody who stops him from doing a good job. >> isn't that what republicans who say that compromise is a dirty word and it's important to standby your principles. >> i love paul. he's going to try to strike deals with republicans for big picture governance and get things done. run on politics, defeat republicans, don't worry about the nation and do what he wants to do mr. the final two years. that's what paul is getting at. >> i am for striking deals. >> you're for striking republicans. >> i'm for cuts deals but i'm not for saying everybody should come together because here i am. >> when you say ruthless, if a republican member said be ruthless, people would be screaming at you. >> i wasn't quoting. maybe it was ruthless. >> what that means is cutting deals instead of just saying let's reason together, give them something and take something. do the -- >> okay. >> grimy, realistic sometimes unpleasant work of
, the economy comes to life. norfolk southern. one line, infinite possibilities. starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. so i used my citi thankyou card to pick up some accessories. a new belt. some nylons. and what girl wouldn't need new shoes? and with all the points i've been earning, i was able to get us a flight to our favorite climbing spot even on a holiday weekend. ♪ things are definitely looking up. [ male announcer ] with no blackout dates, you can use your citi thankyou points to travel whenever you want. visit citi.com/thankyoucards to apply. >>> it was just a few weeks ago that bob costas delivered a commentary on sunday night football that sparked a debate. the game was held one day after belcher fatally shot himself and his girlfriend. >> you want some actual perspective on this. well, a bit of it comes from the kansas city base writer jason whitlock, with whom i do not always agree but today said it so well that we may as well ju
. republicans support the bill and say it will help the state economy, and also send a message to the federal government, but democrats worry it could be unconstitutional and result in a lawsuit, like it has in other states, with similar laws. michigan's gop governor rick snyder told them they should focus on the economy and mental health issues instead. joining me from lansing, michigan, republican senator mick jones, welcome. >> good morning. >> good morning and thank you for being here. no federal gun laws have even been passed so pardon the pun, aren't you kind of jumping the gun? >> not really. you know, there's much talk about blocking all semiautomatic guns and michigan has a rich hunting heritage, we hunt deer with semiautomatic rifles, we hunt ducks, rabbits and turkeys with semiautomatic shotguns and we believe -- >> ar-15 s though? come on. >> ar-15 hunt things like coyotes. >> but they're not normally used. >> you know, many people use them to defend their selves, their homes and you know as a former sheriff, as a police officer for 31 years, i can tell you that guns are not evil
second term. america is facing much promise and uncertainty. the economy, hurricane sandy and the tragedy in nowtown. america is looking for answers and hope and tony robbins is one of the best guys i could think of to give us booet of those things. now he has a message for you and america. he brought rather special guests for him. i can't think of a better guy really to have here. i get the feeling it's a really overriding feeling that america is hurting right now. america feels vulnerable, fearful, and you see this because of the gun crisis. >> yes. >> you see this because of the financial crisis. there's just a crisis of confidence generally amongst americans. do you feel that? and what is the answer? >> there's no single answer. you're not going to change the world overnight, but you can change yourself. i think the biggest challenge that we face is we're not just missing our confidence because we're out of control, we're missing our confidence because we need to retool. the world has changed. most people say you have to deal with change. change is automatic. progress is not. if you'r
. >> the new house moves more money to the economy than the sale of an existing home. building new homes creates jobs in the construction sector. furnishing a new home with new appliances, starting from scratch obviously means that there's an improvement, if feeds through more broadly to the economy. >> it sounds like they're just beginning. >> the interest rate is quite low so it's really great timing. >> christine romans, cnn. this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. >>> the internet hacking group known as anonymous seeking revenge for the recent suicide of internet pioneer aaron schwartz. the activist group and the schwartz family says federal prosecutor s went way too far i pursuing charges against schwartz. he could have faced up to 35 years in prison. he was accused of downloading millions of files. they say this wa
solutions will both help keep our families safe and help our economy grow at the same time. >> okay. mark, there you have it. what do you say to that? >> i say you look at the peer-reviewed literature. we now know a study in journal of nature show 60 years no trend in droughts and there was a decline in the u.s. except for the most recent one in 2012 which wasn't even as big as the one in the 1950s or 1930s. in terms of floods, 80 to 117 years, no trend in floods. big tornadoes are down dramatically since the 1950s. f-3 or larger. hurricanes, eight years now with the longest period without a major landfalling category 3 or larger hurricane since -- and that eight years i think is since 1900 we've gone that long. if you start look at all these measures -- >> mark, answer me this, though. answer me this point. you wouldn't dispute there's been an increased acceleration in c02, right? >> no, c o2 is rising. global temperature has now stalled for 15 or 16 years. and that's -- that is now james hanson of nasa has admitted at least a decade of no warming or as he said flatlining temperatures. t
, the great recession. when people are concerned about the economy, issues that are important but not urgent like climate change fall down the scale. the second change, the rise of the tea party. are you willing to work with the other side? newt gingrich took a lot of heat for that ad with nancy pelosi during the campaign. those two factors drive this issue down, but something like hurricane sandy, that could be a wake-up call. >> and hurricane sandy cost a lot of money. now, it's tough with all the pork that went in the bills, but bear with me, we got a $50 billion appropriation that just came to affected states. that cost a lot of money. so might it not, even if we're not really sure what a cut in emissions might do right now to the trajectory of the climate change that we've experienced, might it not be worth trying to do something about things? whether through carbon monoxide emissions, co2? >> no, i don't think so. no matter what we do, we're not going to have the impact unless the rest of the world goes along and we're going to drive up costs on people. for example, coal-fired plants.
a better economy. he has to show the willingness to work with anybody, but also the willingness to work against anybody who stops him from doing a good job as president of the united states. that was missing last time. >> isn't that what republicans who say compromise is a dirty word and it's important to stand by your principles? >> well, i love paul, he's outing the president's second term. >> it's the fundamental issue. is he going to strike deals with the president or does he decide that the only way to get things done is to defeat the republicans in the midterm election, to just run on politics, tactically maneuver, defeat republicans, don't worry about the nation, and do what he wants to do in the final two years? >> i am for striking deals, if you watch that movie, lincoln, you're for striking deals -- i'm for cutting deals, but i'm not just for saying everybody should come together because here i am. kumbaya. >> when you say be ruthless, if a republican, if a tea party member said be ruthless people would be screaming at you. >> i said relentless but -- >> anderson said ruthless
house moves more money through the economy than the sale of an existing home. building new homes creates jobs in the construction sector. furnishing a new home with new appliances i mean starting from scratch, obviously means that it feeds through the improvement in home sales on the new home sale side in particular feeds through more broadly to the economy. >> reporter: it sounds like the chus are just beginning. >> the interest rates happen to be quite low so, it's really great timing. >> reporter: christine romans, cnn. >>> how do you pass the time when it's freezing out? we'll show you some of the backier things people are doing. >>> plus, are you looking for a winter escape? the locals understand your every need and the beaches are perfect. find out where to go. officemax can help you drive supply costs down... and down. use your maxperks card and get a 10-ream case of officemax multiuse paper for just 4.99 after maxperks rewards. find thousands of big deals now... at officemax. [ male announcer ] when we built the cadillac ats from the ground up to be the world's best sport sedan..
economy hostage right now, he has to be careful about promising too much. >> you think about ronald reagan, and there were some of his speeches we remember to this day, and yet if you think back on the last four years, other than the ones on the campaign trail, i think about newtown, that was where he got emotional, it was a -- it's a different kind of rhetoric and otheration. is it the mantle of president that he feels is dink? different? >> there's nothing tougher to do as a speech giver than what he's about to do. the problem you have when you're dealing with the inaugural address, you have to deal with the present, the past and the future. you have to deal with the audience in front of you. you're going to have a million people in front of you. you're also dealing with people around the world. it's hard to do any of those well, you have to do them at the same time. i think he's going to want to do well tomorrow. i think he knows there are people out there that are going to say, this is the last big speech from obama. unless there's a war or something like that, there's pressure on him
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, the economy. last month david and grace chu got married. now they're about to close on their dream home. a brand new four bedroom, five bath center hall colonial. >> we're really looking for a new home. >> reporter: this house was on the market for just two weeks before the seller accepted their offer. that's a good sign. more than 30% of all homes sold in december were on the market for less than a month. the average time on the market for all homes, 73 days. >> i try to tell my clients if they really love the home, you know, be ready. be ready for a bidding war. >> reporter: here's what's driving the recovery in home sales. first, jobs. supply and, of course, interest rates. interest rates hovering at 40-year lows. at the same time, rents are rising. >> our rent has literally gone up 40% over the past two years. so i think that has really pushed us in particular to look for a home. >> reporter: the new house moves more money through the economy than the sale of an existing home. >> building new homes creates jobs and the construction secretary your. furnishing a new home with new appl
. look, we'll know more about the health of the u.s. economy. we'll get a report on durable goods order. tuesday, we'll get a report on housing. another one on consumer confidence. wednesday, the fed will release minutes from its meeting. two-day meeting this week. and you know, we'll know more about its monetary policies. also, wednesday, we'll get a first look at fourth-quarter gdp. friday, you get the january jobs report. economists are pretty optimistic on that. the jobless rate could fall slightly to 7.7%. that's a big lineup. >> that's like the super bowl. you're not lying one bit and the ads are really good as well. >>> you might think twice about breaking out the plastic. as of sunday, stores in most states could begin charging a checkout fee on all credit card purchases. it comes from a settlement in july from the credit card issu r issuers and stores. as a result of the settlement, credit card issuers said they would reduce the fees paid by merchants to issuers. the settlement also gave retailers the option to add a surcharge to cover processing cost. many of the nation's bigg
in on budget, came in on time. he said it will move more goods more efficiently, create jobs for the economy up in vermont. and it did increase speeds just a little bit. but it did increase speeds. nothing was said about the fact that this is not high-speed rail. >> you say even more money is going to vermont for high-speed rail. why is more money being spent on the project? >> well, they're still working on this same line. basically another $8 million is going to be spent improving the track on this very train route from what is now the end of the line up to canada. eventually they want to reconnect montreal to this line, thinking that somehow or another, that is going to increase the travel along this line. but again, vermont says, you will never have the high-speed rail that you or i think of, anderson. it's impossible given the topography and station closeness. >> how many other projects are there in this initiative, this high-speed passenger initiative, and do any of them actually reach high speeds? >> the answer to your last question, so far, none that we can think of, or find out about.
accomplish the things that the american people really care about, which is turning the economy around, creating jobs and getting the country moving again back toward prosperity. >> i want to play something that david plouffe said, he sounds optimistic about everybody being able to work together. here's what he told cbs. >> there's vast support for investments in education and manufacturing, immigration reform, gun safety. on the issues the president intends to push and focus on, there's massive support in the country, evening amongst republicans. >> so those two words, massive support, i would imagine that yes, there's massive support but the way that they're going to tackle it is very different. would you agree with that? >> yes, that's absolutely correct. the majority of the american public wants us to get the spending under control here in washington. they want to see prosperity returned. they want jobs to return. it's a question of how we get there. i think that's the place where the president has to move and work with republicans. everybody has to come together and work together
and people to use them. now the economy is picking up and they'll probably start using them again. >> yeah. i think now you have your smart phone and you can see okay, there's an actual -- before people didn't know how to use them or how to get there. now you have your smart phone and an app like this. okay, you can book a seat. this is how you do it. this is really the smart phone con neblgtding those dots. >> it's a luxury through your smart phone and it's called -- this one is called task rabbit. >> maybe we can't book a private plane, but let's say you need to find somebody help you pick up the groceries, you need to get a key to someone. you can get an app called task rabbit. you can go on there and say i need this done, this is how much i'll play. it will connect you with people in your community. okay, i'll do it for this amount. it's actually a way to really know some people in your community and people can make money on the side. i smoke with one woman who's actually supplementing her income and she was paying for school. so i actually did this a year ago, and i had a guy come and he
difficult challenges to our economy, to egypt that got us into the financial difficulties we're facing today and instabilities in syria have definitely added to the challenge. jordan has always, i think, looked at whatever policies they have not to use other things that are happening in the area as an excuse. i think the difference between jordan and many other countries is we took a different approach. and we push for evolution, not revolution. and the only way you can do that is through the rule of law. so, national committee was put together. and they changed a third of the constitution and created independent commission for elections and a new constitut n constitutional court and many other laws. so, we took the systematic approach mainly because of my experiences being educated in the west and looking at how western systems did it it was the rule of law. i was surprised by western think tanks and the european ambassadors in our country where they say that is very difficult. you think? i mean, this has been a major challenge and you can't have this by waving a magic wand. it will take h
today are two, three, four years ago. a weak economy and joblessness and corruption. how is this president and government going to address these very real problems. many agree that it will have a ripple effect throughout the world. >> from cairo, thank you. democratic senator from connecticut is joining us right now. he is just back from a visit to egypt last week there with a congressional delegation from lindsay graham among others. thanks for coming in. >> thank you. >> let's talk about the second anniversary from the overthrow and saw thousands and thousands of people protested president morsi's government in tahrir square. you met with him last week with the congressional delegation. is he someone the u.s. can deal with? >> he is the elected leader of egypt and they have good reason to be in the streets. there is continuing corruption in the egyptian society and government. there very dire economic straights. 40% of the egyptian people make less than $2 a day. there high rates of unemployment and the rights of religious minorities and women are far from secure. fact
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